Department of Accounting Education

ACC213 – Course Syllabus

COURSE INFORMATION
1. Course Number : ACC 213
2. Course Name : Strategic Cost Management
3. Course Description : This course is designed to orient the students to the cost accounting of the business.
Topics are: overview of cost accounting; manufacturing cost accounting cycle; costing methods; job and process cost
systems; accounting, planning, and control for materials, labor, and factory overhead; accounting for joint and by-product
costs.
4. Pre-requisite : ACC 123
5. Co-requisite : None
6. Credit : 3.0 units Lecture
7. Class schedule : 6 hours per week (1 term)
8. Program Educational Objectives (PEO) of DAE:
After 5 years, Accounting Education Graduates will be able to:
A. Engage in business undertakings and/or in the field of accounting that contribute to the development of
their community.
B. Pursue a successful career in accounting through relevant trainings and involvement in the continuing
professional development programs of the profession and/ or in advanced studies.
C. Involve actively as partners in the civic program of the community.
9. Student Outcomes (SO) of DAE:
Upon graduation, the BSA/BSMA/BSIA/BSAIS students are expected to:
A B C
A Articulate and discuss the latest developments in the specific field of practice.  
B* Effectively communicate orally and in writing using both English and Filipino 
C* Work effectively and independently in multi-disciplinary and multi-cultural teams.  
D* Act in recognition of professional, social, and ethical responsibility 
E* Demonstrate working knowledge in the areas of financial accounting and reporting, cost
accounting and management, management accounting, auditing, accounting information  
systems and accounting research.
F Demonstrate self-confidence in performing functions as a professional accountant.   
G Employ technology as a business tool in capturing financial and non-financial information,
preparing reports and making decisions.  

H* Apply acquired knowledge and skills to pass professional licensure/certification

examinations.  

I Appraise ethical problems / issues in practical business and accounting situations and
recommend appropriate course of action that adheres to the professional code of ethics.  

Note: * SO being addressed in this course

10. Course Outcomes of DAE:

Upon completion of the course, the BSA/BSMA/BSIA/BSAIS students are

expected to: a b c d e f g h i
 CO 1 Define and illustrate various cost terms and concepts and
evaluate their relevance for different decision-making P L L P P
purposes.

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 Department of Accounting Education
ACC213 – Course Syllabus

 CO 2 Explain modern cost accountants’ role in organizations

and how they integrate to affect strategic decision
making. This includes displaying an understanding of
how cost accountants integrate with engineering, P L P P P
marketing, operations, and strategic centers as well as
how Porter’s five forces applies to managerial
accounting.

 CO 3 Properly assess information needs to make decision P L L P P

supporting calculations in relevant topic areas.

Legend: Level

[L] = Facilitate Learning of the competence (input is provided and competency is evaluated).
[P] = Allow students to practice competencies (no input but competency is evaluated).
[O] = Provide opportunity for development (no input or evaluation, but there is opportunity to practice the competencies).

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 Department of Accounting Education
ACC213 – Course Syllabus

Program Educational Objectives (PEO)

Vision: By 2022, a globally

recognized institution providing quality, 1. Engage in business undertakings
affordable and open education. and/or in the field of accounting
that contribute to the development
Mission: Provide a dynamic and of their community.
supportive academic environment
UM 2. Pursue a successful career in
through the highest standard of Core accounting through relevant
trainings and involvement in the
instruction, research and extension in a
non-sectarian institution committed to
Values continuing professional
development programs of the
democratizing access to education.
profession and/ or in advanced
studies.
3. Involve actively as partners in the
civic program of the community.

Program Intended Learning Outcomes (PILO)

Course Outcomes (CO)

a. Articulate and discuss the latest developments in the specific field of 1. Define and illustrate various cost terms and
practice. concepts and evaluate their relevance for
b. Effectively communicate orally and in writing using both English and different decision-making purposes.
Filipino 2. Explain modern cost accountants’ role in
c. Work effectively and independently in multi-disciplinary and multi- organizations and how they integrate to
cultural teams. affect strategic decision making. This
d. Act in recognition of professional, social, and ethical responsibility includes displaying an understanding of
e. Demonstrate working knowledge in the areas of financial accounting and how cost accountants integrate with
reporting, cost accounting and management, management accounting, engineering, marketing, operations, and
auditing, accounting information systems and accounting research. strategic centers as well as how Porter’s
f. Demonstrate self-confidence in performing functions as a professional five forces applies to managerial
accountant. accounting.
g. Employ technology as a business tool in capturing financial and non- 3. Properly assess information needs to make
financial information, preparing reports and making decisions. decision supporting calculations in
h. Apply acquired knowledge and skills to pass professional relevant topic areas.
licensure/certification examinations.
i. Appraise ethical problems / issues in practical business and accounting
situations and recommend appropriate course of action that adheres to
the professional code of ethics.

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 Department of Accounting Education
ACC213 – Course Syllabus

CO and Assessment task alignment

Assessment Task
CO Assessment Coverage
Theory-based Practice-based Schedule
CO 1, 2 & 3 Multiple Choice Questions Problem Solving First Exam Activity-based Costing (ABC) and
Activity-based Management (ABM)

CO 1, 2 & 3 Multiple Choice Questions Problem Solving Second Exam Standard Costing and Variance
Analysis

CO 1, 2 & 3 Multiple Choice Questions Problem Solving Third Exam Other Emerging Costing Systems

CO 1, 2 & 3 Multiple Choice Questions Final Exam Cost management in a changing

(COMPREHENSIVE) environment

*Final assessment will be a comprehensive examination (from first topic to the last) in a Multiple Choice Questions

Assessment Task Details (Theory-based)

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 Department of Accounting Education
ACC213 – Course Syllabus

Assessment Coverage Assessment Task Details

Schedule

First Exam  Week 1 -3 Multiple Choice At the end of this coverage, you should be able to
Questions
a. Define activity-based costing;
(50% of the exam) b. Describe the steps in designing an activity-based costing syste;
c. Enumerate examples of activity centers, cost drivers and traceable costs;
d. Discuss activity-based management and value-added analysis.

Second Exam  Week 4 - 5 Multiple Choice At the end of this coverage, you should be able to
Questions
a. State the nature and rationale of standard costs;
(50% of the exam) b. Discuss the users of standard cost;
c. Explain the benefits and limitations of standard costs;
d. Describe how standards are set;
e. Explain the process of setting standard costs for direct materials, direct
labor and overhead; and
f. Identify the possible causes of variances and responsibility for them;

Third Exam  Week 6 - 7 At the end of this coverage, you should be able to
a. Define Target Costing;
b. Know the process of setting target cost;
c. Understand the concept of value engineering;
d. Understand the concept of theory of constraint;
e. Know the process in setting up kaizen costing;
f. Understand the concept of product-life cycle costing;
g. Define balance scorecard; and
h. Understand the uses of balance scorecard.

Final Exam  Week 8 - 9 Multiple Choice At the end of this coverage, you should be able to
(COMPREHENSIVE) Questions
a. Define Total Quality Management;

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 Department of Accounting Education
ACC213 – Course Syllabus

(100% of the exam) b. Understand the concept of Just-in Time Production System;
c. Know the steps in applying Just-in Time Production System;
d. Understand business process reengineering and continuous
improvement; and
e. Understand the concept of balance scorecard.

Assessment Task Details (Practice/Performance-based)

Assessment Coverage Assessment Task Details
Schedule

First Exam  Week 1 -3 Problem Solving At the end of this coverage, you should be able to

(50% of the exam) a. Apply activity-based costing to a manufacturing company;

b. Compute cost drivers and traceable costs from activity centers; and
c. Present statement of profit or loss using activity-based costing system.
Second Exam  Week 4 - 5 Problem Solving At the end of this coverage, you should be able to

(50% of the exam) a. Compute and analyze the variance between actual costs and standard costs.

Third Exam  Week 6 - 7 Problem Solving At the end of this coverage, you should be able to
a. Compute for target cost, kaizen cost, and product life cycle cost of a
(50% of the exam) product; and
b. Prepare and present balance scorecard of a manufacturing company.
Final Exam  Week 8 - 9
(COMPREHENSIVE)

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 Department of Accounting Education
ACC213 – Course Syllabus

11. Course Coverage

TIME FRAME TOPICS FOR FIRST EXAMINATION TLA Required Readings
Week 1 to Week 3  Orientation on classroom
and University Policies as
well as Grading System
 Discussion of PEO, SO and
Co
Horngren, C; Datar, S,and Rajan,
Interactive Discussion M.(2014). Cost accounting: A
1. Activity-based Costing (ABC)
and Activity-based managerial emphasis. Singapore:
Recitation Pearson Education South Asia Pte
Management (ABM)
Ltd.
Real life examples
1.1 Definition of Activity-
based Costing Cabrera, M. E. 2014. Management
Case Presentation accounting: Concepts and
1.2 Resources, Activities,
Resource Consumption, Group / Team Learning applications. Manila: GIC Enterprises
Cost Drivers, and Activity & Co., Inc.
Consumption cost drivers
1.3 Steps in developing an Guerrero, P. 2015. Cost accounting:
Quizzes Principles and procedural
activity-based costing
system applications, volume 1. Manila: GIC
1.4 Benefits of activity-based Enterprises & Co., Inc.
costing
1.5 Definition of Activity- De Leon,G. Jr. 2014. Cost
based Management accounting. Manila: GIC enterprises
1.6 Activity Analysis & Co., Inc.
1.7 Value-Added Analysis

TOPICS FOR FIRST EXAMINATION

Week 4 2. Standard Costing and Lecture Horngren, C; Datar, S,and Rajan,

Variance Analysis M.(2014). Cost accounting: A
to Group Discussion managerial emphasis. Singapore:
2.1 Rationale of Standard Pearson Education South Asia Pte
Week 5 Cost Board Computation Ltd.
2.2 Benefits of Standard Cost
2.3 Setting Direct Materials Case Presentation Cabrera, M. E. 2014. Management
Standards accounting: Concepts and
2.4 Setting Labor Standards Quizzes applications. Manila: GIC Enterprises
2.5 Setting Overhead & Co., Inc.
Standards
2.6 Operating Performance Guerrero, P. 2015. Cost accounting:
Evaluation Principles and procedural
2.7 Variance analysis applications, volume 1. Manila: GIC
Enterprises & Co., Inc.

De Leon,G. Jr. 2014. Cost

accounting. Manila: GIC enterprises
& Co., Inc.

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 Department of Accounting Education
ACC213 – Course Syllabus

TOPICS FOR SECOND EXAMINATION

Week 6 3. Other Emerging Costing Interactive discussion Horngren, C; Datar, S,and Rajan,
Systems M.(2014). Cost accounting: A
To Oral and Power point managerial emphasis. Singapore:
3.1 Target Costing Presentation Pearson Education South Asia Pte
Week 7 3.2 Value Engineering Ltd.
3.2 Theory of Constraint Think/Pair/Share
3.3 Kaizen Costing Brainstorming Cabrera, M. E. 2014. Management
3.4 Product-life Cycle Costing Collaborative work accounting: Concepts and
3.5 Balance Scorecard Library & Research applications. Manila: GIC Enterprises
work & Co., Inc.
4. Cost management in a Hands-on
changing environment Simulation Guerrero, P. 2015. Cost accounting:
4.1 Total Quality Management Coaching Principles and procedural
4.2 Just-in Time Production applications, volume 1. Manila: GIC
System Quizzes Enterprises & Co., Inc.
4.3 Business Process
Reengineering and De Leon,G. Jr. 2014. Cost
Continuous Improvement accounting. Manila: GIC enterprises
4.4 Theory of Constraints & Co., Inc.

TOPICS FOR THIRD EXAMINATION

Week 8 5. Variable costing and Lecture Horngren, C; Datar, S,and Rajan,
absorption costing M.(2014). Cost accounting: A
to a. Nature and treatment of Group Discussion managerial emphasis. Singapore:
fixed factory overhead Pearson Education South Asia Pte
Week 9 costs Board Computation Ltd.
b. Distinction between
product cost and period Case Presentation Cabrera, M. E. 2014. Management
cost accounting: Concepts and
c. Inventory costs between Oral and Power point applications. Manila: GIC Enterprises
variable costing and Presentation & Co., Inc.
absorption costing
d. Reconciliation of Think/Pair/Share Guerrero, P. 2015. Cost accounting:
operating income under Brainstorming Principles and procedural
variable costing and applications, volume 1. Manila: GIC
absorption costing Quizzes Enterprises & Co., Inc.

De Leon,G. Jr. 2014. Cost

accounting. Manila: GIC enterprises
& Co., Inc.

TOPICS FOR FINAL EXAMINATION

10 Textbook

Horngren, C; Datar, S,and Rajan, M.(2014). Cost accounting: A managerial emphasis. Singapore: Pearson
Education South Asia Pte Ltd.

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 Department of Accounting Education
ACC213 – Course Syllabus

11 Suggested References:

Cabrera, M. E. 2014. Management accounting: Concepts and applications. Manila: GIC Enterprises & Co., Inc.

Guerrero, P. 2015. Cost accounting: Principles and procedural applications, volume 1. Manila: GIC Enterprises &
Co., Inc.

De Leon,G. Jr. 2014. Cost accounting. Manila: GIC enterprises & Co., Inc.

Garrison, R;Noreen,E;Brewer,N,et al.2015. Managerial accounting. New York: McGraw-Hill Education.

Online References:

David, Charles E. (2012). Managerial Accounting. Hoboken, NJ: John Wiley & Sons

Roberts, S. ( 2013). Financial and cost management for libraries and information services. K.G. Saur.

12 Course Evaluation
Assessment methods Weights
EXAMINATIONS 60%
Exam 1-3 ( 10% per exam) 30%
Final Exam 30%
CLASS PARTICIPATIONS 40%
Assignments 5%
Quizzes 10%
Oral Recitation 10%
Requirements 15%
TOTAL 100%
13 Policies and Guidelines

Project and Grouping

1. The professor will designate the member of a group. Each team cannot be more than three (3) students.
2. When the professor will set the first deadline, the group are required to submit the following:
3. Changing teams will not be allowed during the term unless reasons that changing is reasonable.

Social Computing
1. The whole class will create a group in Google using the email address that the institution will provide.
2. Other communications like assignments and other activity can be placed in the group.
3. All member of the group will comply with the ethical standard in using the site.
4. Any violation in using the group is subject to removal in the group and may be acted upon the university policies and guidelines.

Consultation
1. Observed consultation period as scheduled by the department.
2. Observed proper time and places in dealing with the consultation.
3. Please be aware that upon consultation a prepared documents and complete requirements for consultation are observed.
4. Bring with you a consultation form and complete the form before the transaction is made.

Class Session
1. Electronics gadgets are allowed during classes but make it sure that the gadget are properly used as part of the subject matter
that we are discussing.

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 Department of Accounting Education
ACC213 – Course Syllabus

2. Making notes using camera are also allowed but make it sure that it is made in descent and with a manner of respect when
taking one.
3. Making excuses during classes will be granted upon reasonable explanation is accepted and not with regards to affecting the
class.
4. Missing some lecture or discussion in the class would not mean to a special treatment. Coping-up with the said topic is the
responsibility of the student by asking classmates of their notes.
5. Missing activity is also being the responsibility of the student to ask the problem to classmate and deadline will not being
moved in favor of him/her.
6. In case of uncontrolled circumstances (illness, accident, etc.), a formal communication must be provided for documentation
and basis for the professor to deliberate.
7. It is very helpful in terms of maximizing the lecture hours when students are willing to help the professor to setup things like
projector and arrange your chairs as when entering the room and leaving the classroom
8. Also in leaving the room, it is appropriate for a student to pick-up pieces of paper and put it on a trash can.
9. Ensuring that lights and fans are switch off is my greatest appreciation by helping conservation of energy.

Attendance
1. Attendance is to be CHECKED at all times.
2. Policies about attendance with regards to DROP are mandated in the student handbook therefore following such policies are
also observed in the entire duration of the class.
3. Late is also being recorded and the policies about this matter is also following the student handbook.

Submission and Requirements

1. Submission of requirements will observed deadline.
2. A deadline will be set by the professor to ensure submission would be on time.
3. A requirement that will not meet the deadline will not be accepted anymore but when a valid reason will be presented a
consideration may occur.

Prepared by: References reviewed by:

CHARLES D. FLORES, CPA CMA JENNIFER L. RAMOS

Faculty Chief Librarian

Reviewed by: Recommending Approval:

JEANETH P. TORMIS, CPA, MBA EDUARD L. PULVERA, MSIS

Program Head – DAE Assistant Dean of College

Approved by:

PEDRITO M. CASTILLO II, Ed.D

AVP, Learning Information and Design

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